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Confused about Price Hikes
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bglincs
Posts: 1 Newbie
Vodafone recently announced a 7.9% annual price hike 4% CPI + 3.9% to support essential investment. Living in a rural community we have been bombarded by local media adverts to sign up to the Gigabit funding for better internet (full fibre). My question is if the government are funding the roll out of full fibre to the tune of £4K-£5K per household (via openreach), what are the additional investments Vodafone are planning that require extra funding?
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"essential investment" = dividends to keep shareholders happy.
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bglincs said:Vodafone recently announced a 7.9% annual price hike 4% CPI + 3.9% to support essential investment. Living in a rural community we have been bombarded by local media adverts to sign up to the Gigabit funding for better internet (full fibre). My question is if the government are funding the roll out of full fibre to the tune of £4K-£5K per household (via openreach), what are the additional investments Vodafone are planning that require extra funding?0
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You will not find Openreach have been allocated any public funded rollouts recently, it’s all been to ‘Alt Nets’ , so public money going to private companies that often only have their own ISP on them , so although those areas may get FTTP ( if the Alt Nets stay in business ) and they would never get FTTP if left to the ‘market’ as they costs of providing the network would never be recouped by charging £30 a month , these subsidised customers may have a very limited choice of ISP ,0
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35har1old said:bglincs said:Vodafone recently announced a 7.9% annual price hike 4% CPI + 3.9% to support essential investment. Living in a rural community we have been bombarded by local media adverts to sign up to the Gigabit funding for better internet (full fibre). My question is if the government are funding the roll out of full fibre to the tune of £4K-£5K per household (via openreach), what are the additional investments Vodafone are planning that require extra funding?0
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